17 March 2015
hi experts
my que. is there is runjing bussiness which hold 10 lakhs as their assets and 2 lakhs creditor and liabilities
now what amount should a new partner shall bring so as they become equal sharing profit in the firm
thanks in advance
17 March 2015
Hello Mr. Patel If you are running your business as proprietorship firm, you may convert in partnership firm or LLP or private limited company and accordingly you may infuse through capital. In otherwise cases you may revise your partnership deed and shareholding pattern.